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OECD ups 2021 growth estimate by nearly 3 points, underlines RRF impact
EconomyMacroeconomyThe OECD released on Monday its latest Economic Outlook, in which it significantly revised its growth estimate for Greece for this year to 3.8 pct, from 0.9 pct in the previous forecast last December. At the time, the OECD had pointed out that the recovery could be stronger if the support package
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European Commission leaves 2024 growth estimate of 2.3 pct unchanged
EconomyMacroeconomyThe European Commission left Greece’s growth estimate for 2024 unchanged in the latest winter forecast published on Thursday, expecting the Greek economy to grow by 2.3 pct. The forecast remains slightly more moderate than the 2.9 pct growth the Finance Ministry expects, on which it has based
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Newsletter 488 - 12/12/2025
sympathy for rural grievances. Opinion was divided on tactics: 46 percent opposed road blockades, while... agency OPEKEPE, criticising delays and high production costs. At a marathon meeting on Wednesday, rural... developments have left Mitsotakis facing a multifaceted crisis: mounting rural anger, internal dissent
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Newsletter 495 - 20/02/2026
to explore for gas south of Crete was “unlawful”, arguing that it violates the 2019 Turkey–Libya maritime memorandum and Libya’s declared maritime claims. Greece considers those claims null and void..., suggesting a stronger finish is required in Q4 to reach that estimate. In any case, the market broadly
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C/A deficit to April narrows by 34.7 pct boosted by services
EconomyMacroeconomy. The year to date net flow widened accordingly to 5.6 billion from 310 million at the end of the first... in 2013, the IMF and the OECD estimate C/A balance will remain positive in 2014-15, at 0.2 – 0.9 percent
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Newsletter 487 - 05/12/2025
numbers, dominating headlines and exposing the disconnect between government rhetoric and rural realities... ability to bridge the gap between promises of stability and the lived experience of Greece’s rural... in the coming years. With the RRF in place until August 2026, next year’s growth estimate is 2.4%. However
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Greece and Albania seek to leave Beleri case behind in 2024 after year of turmoil
PoliticsForeign Policyup his duties.” Albanian Foreign Minister Igli Hasani admitted last week that “there are negotiations, ideas, and commitments from both sides to find a solution.” Hasani denied that Tirana and Athens
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Newsletter 505 - 22/05/2026
understand Greek concerns about Turkey’s revisionist rhetoric, instability in Libya and migration flows... growth of 1.9% and raising its inflation estimate to 3.1%. Last week, in the progress report for 2026...%, with a particularly worrying estimate for investment in 2027, rising by just 1.3% — a strong indication
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Newsletter 443 - 29/11/2024
month’s estimate. The socialists pressed the government on the issue of cost of living by proposing... in cities and just over 24 pct in rural areas. Denmark follows Greece with similar figures in cities... and under 7 pct for rural areas. Looking at the housing costs as part of disposable income, Greece
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Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
Economy. This is roughly one point below last month’s estimate. The socialists pressed the government... than 27 pct of those living in cities and just over 24 pct in rural areas. Denmark follows Greece... average for cities is roughly 11 pct and under 7 pct for rural areas. Looking at the housing costs
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